why would IRC get a small outfit like MTH in to prospect ,Irc is sitting on some seriously good assets and doesn't want to have a cash burn until they can realise those assets .So my guess they get a small cap very smart operator and give them a known resource back in 2004 ,to open up and maximise a positive result..i think we just might witness that,They threw another carrot in the mix today saying under that hard crust was conductor that they think runs approx. 2 kms
south along strike line and suggested 100mtrs east ,So by definition ,we could be looking at some resource that is capable of getting JORC ...could be very interesting, this stark discovery ,not selling under 2c ...IRC is a sleeping giant
I think this is a runner...................
MTH Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
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